INSTITUTIONAL FACTORS INFLUENCING THE PERFORMANCE OF REAL ESTATE PROJECTS IN KENYA: A CASE OF FAIRDEAL PROPERTIES LIMITED, MOMBASA COUNTY – AJHSSR

INSTITUTIONAL FACTORS INFLUENCING THE PERFORMANCE OF REAL ESTATE PROJECTS IN KENYA: A CASE OF FAIRDEAL PROPERTIES LIMITED, MOMBASA COUNTY

INSTITUTIONAL FACTORS INFLUENCING THE PERFORMANCE OF REAL ESTATE PROJECTS IN KENYA: A CASE OF FAIRDEAL PROPERTIES LIMITED, MOMBASA COUNTY

ABSTRACT:The purpose of this study was to examine the influence of Institutional factors on theperformance of Real estate development projects, A Case of Fairdeal Properties Limited Company in MombasaCounty. The study sought to establish the extent to which availability of Finance, Client related considerations,Contractor competency and Organizational Leadership influence the Performance of Real Estate Projects inKenya. The study is anchored on transactional leadership theory and project management theory. The studyadopted descriptive research design. Top managers, Clients, Project staff and Contractors constituted the targetpopulation of 145 while a sample size of 120 derived from the Krejcie& Morgan (1970) table was employed.The study applied stratified sampling technique. The appropriate instrument for the data collection that was usedwere questionnaires with the use of digital device so as to avoid the papered questionnaire as result of observingCovid-19 protocols or guideline. The instrument was subjected to validity and reliability before carrying out thepilot study. The pilot study was undertaken on the ongoing real estate projects in Kilifi County. The datatechnique that was applied is quantitative with the use of descriptive and inferential analysis.